SteelOrbis has learned that the most commonly heard spot market price for US domestic A53 Grade A standard pipe is still holding at approximately $92 cwt. ($2,028/mt or $1,840/nt), FOB mill, reflecting no change since our last report 10 days ago.
Sources have also said that additional downticks are expected, as the spread between standard pipe and US domestic HRC is "still far too wide."